Historically barriers to development in the U.S., such as the dry deserts of some of the country's western states, have been solved by
(a) only government action.
(b) only private action.
(c) a blend of government and private actions.
(d) foreign expertise.
(c)
Economics
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In a graph for a firm in pure competition with the quantity of output measured on the horizontal axis, the total revenue curve is:
A. Downward-sloping B. Horizontal C. Vertical D. Upward-sloping
Economics
Which of the following would decrease the total output of goods and services?
A. Mandatory controls on production B. Increases the hours of work C. Increases in labor input growth D. Increases in capital stock
Economics